Altech Batteries (ASX: ATC, FRA: A3Y) completes calciners design, layout for Silumina AnodesTM pilot plant

August 29, 2023 02:24 PM AEST | By Sonal Goyal

Altech Batteries (ASX: ATC, FRA: A3Y) completes calciners design, layout for Silumina AnodesTM pilot plant — Image source: Company update

Recent News

Albanese Closes Door on Greens Alliance in Final Election Debate Showd...

Duke Energy Foundation Fights Food Insecurity in Florida With $125,000...

Skilled Tradies, Stronger Housing: Labor’s $78 Million Plan to Fast-Tr...

Inside Chemistry’s Role in Sustainability: A Podcast Conversation With...

Highlights

Altech has concluded the final design phase for the front-end calciners and the corresponding plant layout.

The definitive feasibility study is going as per the plan.

To gain necessary permits, preliminary discussions have been initiated with regulatory bodies.

Altech Batteries Ltd (ASX: ATC, FRA: A3Y) has shared an update on the Silumina Anodes^TM plant calciner design, located in Saxony, Germany and a definitive feasibility study (DFS) for the planned Silumina AnodesTM 10,000tpa plant.

ATC informed that it has concluded the final design phase for the front-end calciners and corresponding layout. The calciners play a significant role in the Silumina AnodesTM process as they facilitate the conversion of aluminium chloride, which is present on the surface of silicon and graphite particles, into alumina.

Silumina AnodesTM DFS is progressing as planned, and significant progress has been made. ATC has received final quotations from essential suppliers. Also, the conclusive design of the site and civil infrastructure is underway.

Arikon has commenced dialogue with regulatory authorities to begin the Schwarze Pumpe’s permitting process.

The company said it has witnessed favourable backing and cooperation from regulatory and local authorities.

ATC shares traded 1.49% up at AU$0.068 apiece at the time of writing on 29 August 2023.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.